India's Modi courts Canadian banks, insurers, pension funds

April 17, 2015 2:24 AM

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TORONTO, April 16 (Reuters) - Top executives at Canada's largest banks, insurers and pension funds sounded a bullish over investing in India after meeting Prime Minister Narendra Modi, who is making the first bilateral visit to Canada by an Indian premier for 42 years.

Modi held a roundtable with the heads of major Canadian financial institutions in Toronto on Thursday, stressing that his government is focused on reducing bureaucracy and investment hurdles, and adding it would welcome investments in infrastructure projects.